Business news from Ukraine

UKRPOSHTA SEEKS TO OPEN 100 NEW BRANCHES IN 2016

14 May , 2016  

KYIV. May 14 (Interfax-Ukraine) – Ukrainian postal services state enterprise Ukrposhta seeks to open 100 new branches in 2016. The company opened 32 branches in 2015.

Ukrposhta Head Ihor Tkachuk gave the information in an interview published in the Holos Ukrainy newspaper.

He said that Ukrposhta has the most expanded network with almost 12,000 departments.

He said that Ukrposhta has been providing agent services for two years in cooperation with Universalna insurance company. The gradual increase in the number of branches selling insurance policies has expanded the insurance product range. Branches offer mandatory civil responsibility insurance, driver and passengers’ additional insurance, property insurance, compulsory insurance of civil liability of motor vehicle owners (OSAGO) and responsibility to neighbors.

Tkachuk said that medical policies from Deka Insurance, M-Life and Universalna are also sold using a nickelback scheme.

He also said that Ukrposhta is cooperating with Fidobank and bank Mykhailivsky in signing deposit agreements. A total of 1,580 terminals of Raiffeisen Bank Aval and 857 terminals of PrivatBank are installed in Ukrposhta’s departments.